MXT Holdings Announces Further Expansion in Mexico Through Centennial Towers Acquisition

MXT Holdings to become the 4th largest wireless tower operator in Mexico.

 

November 8, 2023, Mexico City: MXT Holdings (“MXT”), a neutral-host communication infrastructure provider, announced it has completed the acquisition of Centennial Towers’ Mexico tower operations.

 

Post-acquisition, MXT owns and operates a portfolio of 1,450+ wireless assets (telecom towers and DAS systems), strengthening MXT’s position in the Mexican telecom market to support 5G deployment in the country, to provide new site locations to its clients looking to improve wireless coverage and capacity, and to offer additional connectivity services such as fiber-to-the-tower (FTTT).

 

This strategic transaction follows the announcement in July 2023 of the equity investment of Ardian in MXT’s capital structure alongside its existing shareholder, Mexico Infrastructure Partners (MIP).

MXT Holdings is thrilled to enter into this transaction with Centennial Towers, adding scale to our tower portfolio in Mexico, increasing our market footprint with a diverse assets base, and further strengthening the connectivity solutions we can provide to our clients. We also value the commercial, technical, and operating expertise of Centennial Towers’ management, and together, we aim to participate in the current 5G roll-out in Mexico and future growth opportunities.” Antoine Delaprée, Founder and Chief Executive Officer, MXT Holdings  

 

Miranda Newswire – Full Press Release: Download PDF

About MXT Holdings: MXT Holdings is a diversified platform dedicated to developing, acquiring, owning and operating digital infrastructure assets in Mexico. The company operates as a neutral-host communication solutions provider, focusing on two business segments: Wireless (telecom towers and DAS systems) and Fiber (metropolitan and long-haul fiber networks). As of November 2023, MXT’s assets include 1,445 telecom towers, 11 in-door DAS systems and 3,500+ km of optic fiber networks. MXT Holdings is a portfolio company of infrastructure private equity funds managed by Mexico Infrastructure Partners (MIP) and Ardian.

 

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